$5,641 Closing Credit*
$475,000
2,699 SqFt
4 Beds
•2 Full Baths, 1 Partial
Listing Office: Madison & Company Realty
Is 28678, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 28678 was a Seller's Market.
Key Takeaway
28678 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 28678, NC
How much do homes in 28678, NC cost?
Median Sold Price
$270,000
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$26,100(+10.7%)
Key Takeaway
Homes in 28678 have sold for 10.7% more than they did a year ago.
Summary: The median home sold price in 28678 was $270,000 in November 2024, up 10.7% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $142.5K | N/A |
| 2 Bedrooms | $146.5K | $104K | -29.0% |
| 3 Bedrooms | $246.9K | $279.9K | +13.3% |
| 4 Bedrooms | $315K | $319.9K | +1.6% |
| 5+ Bedrooms | - | - | N/A |
Summary: 28678 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 29%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes did not change.
Housing Supply in 28678, NC
How many homes are available in 28678, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 38 | +22.6% |
Summary: The 28678 real estate market had 38 homes for sale in November 2024, a 22.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 27 | 30 | +11.1% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 28678 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 5 | +400.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 28678, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 28678 in November 2024, up by 400.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for 28678, NC
How long does it take to sell a home in 28678, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 9 Days | 50 Days | +464.4% |
Summary: Homes in 28678 had an average of 50 days on market in Nov 2024, up by 464.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 28678 has remained consistent over time.
Summary: During November 2024, 5 homes were sold in 28678; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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